Looks like China is actually worried.
In an editorial on Friday, the newspaper, which is affiliated with the official People’s Daily, said TSMC’s decision to invest in cutting-edge technology in the US showed that Washington had tricked it, and that the US was stealing from the world’s most important technology in “our Taiwan region” – a reference to Beijing’s claim of sovereignty over the self-ruled island.
It is a game changer.
The investment by TSMC is one of the largest foreign investments in U.S. history, and the biggest in the state of Arizona.